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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 10
Which of the following is a shortcoming of GDP?
A) GDP measures nonmarket transactions.
B) GDP includes an estimate of illegal transactions.
C) GDP includes an estimate of the value of household services.
D) None of the answers above are correct.
A) GDP measures nonmarket transactions.
B) GDP includes an estimate of illegal transactions.
C) GDP includes an estimate of the value of household services.
D) None of the answers above are correct.
Explanation
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Gross domestic product (GDP) is defined ...
Economics for Today 9th Edition by Irvin Tucker
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